25 June 2019
Aquila Capital, a subsidiary of the German group Aquila Management Corporation, took a position in the Spanish logistics sector through its acquisition of 50 hectares in Illescas, Toledo.
Aquila’s real estate developer, AQ Acentor, signed the agreement with the temporary joint venture formed by Urban Castilla La Mancha and Plataforma Central Iberum Gestión de Proyectos. The developer will build a logistics platform on the land, with construction slated to begin in 2020.
Original Story: La Vanguardia